Using The 1031 Exchange to Zero Out Taxes on The Sale of Your Property
Briefly stated, a 1031 exchange is a legal IRS provision that allows a property owner to avoid taxes on the sale of their investment/business real estate by acquiring another like-kind investment/business property within certain IRS requirements & time limits.
BEWARE OF TAXABLE GAIN ON PERSONAL PROPERTY UNDER REVISED 1031 EXCHANGE RULES
Sale page: Using The 1031 Exchange to Zero Out Taxes on The Sale of Your Property